$XRP
🚨 Whale Accumulation Reflects Bullish Sentiment 🚨
Moreover, recent blockchain data shows large XRP holders increasing their positions. In the last 30 days, addresses holding between 10 million and 100 million XRP acquired over 440 million tokens. Another cohort, holding 1 million to 10 million XRP, added 190 million coins during the same period.
Such buying activity suggests expectations of future price increases. These investors often accumulate during periods of lower prices to capitalize on upcoming upward movements. The surge in accumulation supports the predictions that XRP price is entering a bullish phase.
The increase in whale holdings adds weight to the technical forecasts, as large investors often react based on long-term market trends and signals.
The synchrony between whale activity and the Elliott Wave analysis creates a case for a strong rally in the coming months.